Mises Wire

Thanks to the defeat of the more fiscally responsible member states, the EU has become a de facto transfer union. 

Argentina's president Mauricio Macri has been as bad as, if not worse than, his left-wing populist predecessor on the inflation front.

As a trade war heats up between the US and the EU, both regimes rush to victimize their own populations.

Without Lenin's political successes, Marx's writings would have been forgotten long ago.

In this interview, Joseph Salerno discusses how he and Murray Rothbard developed a better measure of the money supply. 

Unlike government police, private firms often suffer falling stock prices and falling revenues when running afoul of public expectations. 

Capitalism doesn't have to be implemented in a "pure" form for its benefits to be realized. Meanwhile, socialists must make excuses for repeated failures.

The first thing to remember is that monetary chaos is not primarily “international” at all. It exists basically within each nation.

Mises advocated free banking because he thought it would restrain fractional reserve banking, which he viewed as the cause of unsustainable booms.

Taleb contends that you shouldn’t put someone else’s skin in the game without putting your own in it as well.